EFIV vs SCHD
State Street SPDR S&P 500 ESG ETF vs Schwab US Dividend Equity ETF
Which is better, EFIV or SCHD?
Large Cap Blend against Large Cap Value.
SCHD has a lower expense ratio. EFIV led over 3Y, 5Y and the full window, SCHD over 1Y. EFIV is less concentrated, with 40.7% of the fund in its ten largest positions against 41.8%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | EFIV | SCHD |
|---|---|---|
| Expense Ratio | 0.10% | 0.06%Best |
| AUM | $1.0B | $112.1B |
| Dividend Yield | 0.93% | 3.00% |
| Holdings | 332 | 103 |
| YTD Return | +11.72% | +24.23%Best |
| 1Y Return | +19.20% | +27.90%Best |
| 3Y Return (annualized) | +20.88%Best | +15.55% |
| 5Y Return (annualized) | +13.65%Best | +9.97% |
| Volatility (annualized) | 15.7% | 15.2%Best |
| Max Drawdown | -24.5% | -16.9%Best |
| $10,000 over 5 years | $18,960Best | $16,083 |
| Top 10 Weight | 40.7%Best | 41.8% |
| Fund Family | State Street Investment Management | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Jul 27, 2020 | Oct 20, 2011 |
Volatility and max drawdown are measured over the window both funds cover: Jul 28, 2020 to Sep 17, 2026 (6.1 years).
EFIV vs SCHD growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 6.1 years both funds cover.
EFIV vs SCHD Performance
State Street SPDR S&P 500 ESG ETF (EFIV) is an ETF from State Street Investment Management and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year EFIV returned +19.20% while SCHD returned +27.90%. Year to date, EFIV is up 11.72% versus a gain of 24.23% for SCHD.
Over three years, EFIV compounded at +20.88% per year against +15.55% for SCHD; over five years the annualized figures are +13.65% and +9.97% respectively. Across the full 6-year window we track, EFIV has the edge at +17.14% annualized vs +14.43%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
EFIV has been the more volatile fund, with annualized monthly volatility of 15.7% compared with 15.2% for SCHD. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -24.5% for EFIV and -16.9% for SCHD. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.74. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
EFIV charges 0.10% per year while SCHD charges 0.06%. On a $10,000 position that is $10 vs $6 annually, a gap of $4 per year that compounds over a long holding period. On income, EFIV currently yields 0.93% against 3.00% for SCHD.
Holdings Overlap
8.6% of EFIV's money is in holdings SCHD also owns. 62.5% of SCHD's money is in holdings EFIV also owns.
The two portfolios partly overlap.
31 positions in common, counted across the 327 positions we hold weights for in EFIV and 100 in SCHD, against full books of 332 and 103.
What only one of them owns
Our book lists 68 positions for SCHD that do not appear in our book for EFIV (37.4% of the fund), and 291 for EFIV that do not appear in SCHD (90.4%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in EFIV | Weight in SCHD | Difference |
|---|---|---|---|
| MRKMerck & Company Inc | 0.89% | 4.77% | 3.88% |
| AMGNAmgen Inc. | 0.57% | 4.70% | 4.13% |
| ABTAbbott Laboratories | 0.47% | 4.69% | 4.22% |
| KOCoca Cola Co. | 0.84% | 4.17% | 3.33% |
| UNHUnitedhealth Group Incorporated | 0.86% | 3.82% | 2.96% |
| HDHome Depot Inc/The | 0.80% | 3.88% | 3.08% |
| COPConocophillips Common Stock USD 0.01 | 0.39% | 3.94% | 3.55% |
| PEPPepsico Inc. | 0.47% | 3.64% | 3.17% |
| TXNTexas Instrument Inc | 0.58% | 3.13% | 2.55% |
| BMYBristol-Myers Squibb Co. | 0.33% | 3.33% | 3.00% |
62.5% of SCHD is already inside EFIV.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, EFIV or SCHD?
EFIV has an expense ratio of 0.10% while SCHD charges 0.06%. SCHD is the cheaper option, by $4 a year on a $10,000 investment.
Which performed better, EFIV or SCHD?
Over the past year EFIV returned +19.20% vs +27.90% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (6 years), EFIV annualized +17.14% vs +14.43% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, EFIV or SCHD?
EFIV has been the more volatile fund at 15.7% annualized versus 15.2% for SCHD. Worst drawdown: EFIV -24.5% vs SCHD -16.9%.
Should I hold both EFIV and SCHD?
EFIV and SCHD have a monthly-return correlation of 0.74, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between EFIV and SCHD?
62.5% of SCHD's money is in holdings EFIV also owns. 62.5% of SCHD's is in holdings EFIV also owns. They hold 31 positions in common, counted across the 327 positions we hold weights for in EFIV and 100 in SCHD.
Which pays a higher dividend, EFIV or SCHD?
EFIV yields 0.93% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than EFIV?
SCHD has a lower expense ratio. EFIV led over 3Y, 5Y and the full window, SCHD over 1Y. EFIV is less concentrated, with 40.7% of the fund in its ten largest positions against 41.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.